Purdue University's Board of Trustees voted on Thursday morning to buy the for-profit Kaplan University, which is a division of the Graham Holdings Company. The surprise announcement was first made in a corporate filing by the company on Thursday morning.

In the corporate world, education can be a double-edged sword.
Pervasive skills gaps mean that employers can't count on employees to walk in the door with the skills they need, particularly in entry-level jobs.